Repeat Lending Breaches of CONC Chapter 5

Repeat Lending Breaches of CONC Chapter 5 The Court considered the pre-November 2018 form of CONC chapter 5. CONC 5.2.1(2) R (in the scope regarding the creditworthiness evaluation) requires the creditor to think about (a) the potential for commitments underneath the regulated credit contract “to adversely impact the customer’s financial predicament” and (b) the customer’s […]